Price broken through a resistance level, now pulled back to retest the line, so old resistance turns support? If we get a nice momentum candle to the upside then it will be a good reason to enter.
If the new support doesn't hold, then I will be looking for a break & retest followed by new momentum candle down before going short.
Good luck :)
If the new support doesn't hold, then I will be looking for a break & retest followed by new momentum candle down before going short.
Good luck :)